The effect of the Joint venture between Nissan and Renault is to be made from May 2010 with the official production. The Chennai unit, at Oragadam, will commence the commercial production with the already invested Rs4500 crore and the MoU made with the Government of Tamilnadu.
This production will enable the company to increase the capacity to 4 million units a year with nine models and among them will be of export range to the neighbour countries. Same will be the case with the China unit. The production will have 85% localized components of which 50% from Tamilnadu itself. In parallel the manpower too will be increased from the current 700 to 3000 by 2012 and some of the key employees are on the training at Nissan’s UK and Japan plants.